The world is currently filled with government-, corporate-, and billionaire-funded organizations advocating for a transformation of the energy system to “clean” and “abundant” renewables.
Here’s the big picture:
• Primary energy demand . . . in 2022 increas[ed] 1.1%. . . .
• Global electricity generation increased by 2.3% in 2022 . . . .
• Fossil fuel consumption as a percentage of primary energy remained steady at 82%. . . .
• Carbon dioxide emissions from energy use, industrial processes, flaring and methane (in carbon dioxide equivalent terms) continued to rise to a new high growing 0.8% in 2022 to 39.3 GtCO2e, with emissions from energy use rising 0.9% to 34.4 GtCO2.
Bottom line: it’s now $1 trillion per year, plus or minus, invested in wind and solar “renewables” plus grid upgrades and energy storage needed to accommodate them. And for that vast sum of money, the percent of primary energy from fossil fuels does not budge by even a tenth of a percent. And, as world energy consumption increases, carbon emissions just continue to increase. The trillion is just completely wasted.
